JDA Portfolio News for our Valued Clients February 2002 Focus on Collaboration: In This Issue: 1 Focus on Collaboration How JDA is Leading the Industry with its Collaboration Strategy 2 JDA FOCUS 2002 4 JDA Leads CPFR with E3 6 Consulting Services 7 Vendor Managed Inventory & pro/sortment EIA According to the 2001 Consumer Goods Technology (CGT) Trends Research Report, the top two requirements for consumer goods companies is the pressure to reduce overall supply chain costs and the need to collaborate more effectively with trading partners. Considering that collaboration didn’t rank on CGT’s report until 1999, collaborative initiatives have skyrocketed in just a short time. In this issue of CUSTOMER FIRST, Kevin Stadler, JDA’s senior vice president, collaborative solutions, discusses the JDA Portfolio™ solutions that can launch and drive our clients’ long-term collaborative business strategies. 8 Global Events Calendar 2002 JDA Customer First provides our valued clients with informative articles on a particular industry hot topic or innovation. This edition is devoted to collaboration, JDA’s definition of and our solutions that support it. JDA CUSTOMER FIRST IS ALSO PUBLISHED ELECTRONICALLY. TO SUSCRIBE, EMAIL CUSTOMER.FIRST@JDA.COM . How Does JDA Define Collaboration? Kevin: With the huge investment that retailers and suppliers have made in delivering inventory to consumers, earlier collaboration efforts have focused on internal supply chain efficiency. Our focus is on any shared business process throughout the demand chain that improves sales, profits and customer focus. We start with the consumer and then connect the business process and data back up through the supply chain. Our goal is to leverage the Internet to help manufacturers, retailers and other partners to work together to more accurately forecast, plan, execute and measure consumer demand for products and services. We also Kevin Stadler, sr. vice president, collaborative solutions look at improving collaboration in areas such as new store openings, product launches, promotional efforts, as well as direct store delivery and in stock position maintenance. Who Has More to Gain: Retailers or Suppliers? Kevin: Both sides have much to gain. The thrust of collaboration is removing inventory costs through a jointly managed supply chain that links demand with supply. Suppliers can continued on page 3... Events Register Today for JDA FOCUS™ 2002 JDA’s 12th Annual Conference & Partner Showcase Poised to Deliver on its ROI Promise Plan to be at the Mirage Resort & Casino in Las Vegas, Nevada from Sunday, April 28 through Wednesday, May 1, 2002 for JDA FOCUS 2002. You’ll gain valuable information on proven strategies and programs for driving business optimization, partner collaboration and customer service. Join your industry-leading peers and business partners as we address the challenges and opportunities that you must act on today to prepare for tomorrow’s success. Who Should Attend JDA FOCUS 2002? Whether your business is Retail, Manufacturing, Wholesale or Distribution, plan to attend JDA FOCUS 2002. This is the only conference that successfully brings together partners from both ends of the global demand chain. Attend visionary Keynote and Industry Leader sessions on today’s hot trends, get direction on up-andcoming technological innovations and participate in handson training on the latest JDA Portfolio applications. Also join our strategic business partners, including FOCUS diamond sponsors Symbol Technologies and IBM, as they demonstrate the latest innovations that can extend the value of your JDA solution and maximize your technology investment. Learn from One of the World’s Most Renowned Speakers Join Roger Blackwell, Ohio State University’s professor of marketing and president of Blackwell Associates, Inc. consulting firm, whom The New York Times proclaimed as “one of the top speakers on the lecture circuit and heralded as a marketing and retail ‘guru.’” Considered one of the founding fathers of consumer behavior, 2 Mr. Blackwell co-authored one of the fields’ leading books, “Consumer Behavior.” Mr. Blackwell is a 24-time published author having also written books on marketing strategy, research and global marketing. Take Advantage of Discounted Registration Fees Register by March 15, 2002 for a US$100 discount on registration fees: • Clients on Maintenance: US$995 • Clients not on Maintenance: US$1,195 Register by March 15, 2002 for additional group discounts: • US$25/person for 6 - 10 attendees from same company • US$50/person for 11 or more attendees from same company Enjoy Additional Savings with a Special Hotel Rate For your convenience, we’ve reserved a number of rooms at Las Vegas’ beautiful Mirage Resort & Casino at a special room rate of US$152 per night. Mirage Resort & Casino Maximize Your FOCUS Experience with JDA University™ Attend JDA University’s “Basic Intactix pro/space™” post-conference, two-day training session, where you’ll benefit from hands-on education on the latest release of JDA’s state-ofthe-art, 32-bit space management solution. Attendees should have a basic understanding of space planning. Dates: Thursday, May 2 to Friday, May 3 (9:00 a.m. to 4:30 p.m. each day). Enrollment fee: US$1,000 per student. Have Fun in “The Entertainment Capital of the World” JDA FOCUS 2002 promises its share of fun-filled events and attractions for your enjoyment. Enjoy “Las Vegas-style” evening entertainment and practice your gambling skills in JDA’s private, non-monetary gaming room. Also, tee off this year’s event with JDA’s annual golf tournament on the Citation Course at Stallion Mountain Country Club, Sunday, April 28. Shotgun start is at 7:30 a.m. Compete in the Longest Drive, Longest Putt and Closest to the Pin categories for prizes. Cost to participate is US$110 per person. Register online today at www.jdafocus.com! For more information, email info@jda.com, call +1 (734) 887-4506 or visit www.jda.com/focus. For more information, call your JDA contact, email info@jda.com or visit www.jda.com. Cover Story Focus on Collaboration: How JDA is Leading the Industry with its Collaboration Strategy ... improve inventory positions and fill rates, tighten production cycles, decrease logistics costs while streamlining delivery strategies, and increase sales. Retailers can increase turns and profits through improved item management, reduce lost sales due to stock outs, drive profits and improve customer loyalty and retention. tion, we can now address collaborative demand planning, order forecast generation and procurement — all the necessary steps for improving inventory visibility across the supply chain. Kevin: Collaboration requires an infrastructure that supports the following three activities: We also have more trading pairs working from a single, shared demand forecast. We’ve already seen significant success in reducing out-of-stock positions with lower overall inventory. While CPFR has rightfully generated much excitement, we view CPFR as just one initiative that the industry can pursue. 1. A tactical business agrement that defines the roles and responsibilities of all parties What are JDA’s Other Collaboration Initiatives? What Makes a Relationship “Collaborative”? 2. Workflow management 3. Electronic exchange of data Some collaborative processes are less interactive and can be managed with looser integration. Other processes occur daily and require tight integration of workflow and business plan along with frequent exchange of data between the retailer and supplier. Collaborative Planning, Forecasting and Replenishment® (CPFR®), defined by the Voluntary Interindustry Commerce Standards (VICS) association, is probably the best-developed business process model that follows these principles. What Role has JDA Taken in Launching CPFR Initiatives? Kevin: JDA has taken a leadership position. We can deliver the only complete VICS CPFRcompliant offering in the global marketplace that supports the high degree of business integration required among trading partners. With our E3® acquisi- Kevin: While we will continue to deliver our current applications, we are also driving forward with the next phase in collaboration: joint planning and workflow solutions. Since collaborative relationships must be based on trust, we are developing detailed business process maps that are shared by all parties. These maps will represent the best practice processes for each business flow based on our work with over 4,000 clients in retail, manufacturing, wholesale and distribution. By basing the processes on established best practices, our users won’t have to work from ground zero to benefit from them. The maps will illustrate what party does which task(s) and where they have to exchange communications to successfully accomplish a given task. Each business process will be assigned to either a human or technology source and automated alerts through integration toolsets will be employed. By its very nature, workflow is customizable so individual users can modify to address unique requirements when necessary. Describe the JDA Portfolio Collaboration Framework™. Kevin: Once you get beneath the conceptual and workflow layers of collaborative processes, you are faced with the hard nuts and bolts efforts of trading data and integrating business process at a very real data exchange level. Our new Portfolio Collaboration Framework provides the fundamental capabilities required for supply chain collaboration at this date and process level. As delivered, the Internetbased JDA Portfolio Collaboration Framework will help our clients more tightly couple business processes. It’s an Extensible Markup Language (XML) solution that will reduce the cost and time to integrate applications as well as business processes. By keeping track of workflow tasks, trading partners will know exactly what they need to meet their compatible goals. For example, space management and assortment management will work seamlessly with inventory management and replenishment functions. I am confident that this advanced integration solution will revolutionize the collaborative exchange of data and processes between retailers and manufacturers so they can increase operational efficiencies. These next generation solutions will literally change the way that companies work together towards the all important consumer satisfaction. For more information, call your JDA contact, email info@jda.com or visit www.jda.com. 3 CPFR JDA Leads CPFR with E3 With the goal of enabling retailers and their suppliers to work from a shared demand forecast to improve consumer satisfaction, JDA offers a comprehensive Collaborative Planning, Forecasting and Replenishment (CPFR) solution. With our E3 applications serving as its cornerstone, our CPFR offering enables trading partners around the world to efficiently synchronize demand with supply across product lines and distribution channels. By providing clearer insight into the future, we’re eliminating as much demand and supply uncertainty as possible to do away with unexpected order spikes while assuring product availability on reduced inventory levels. Proven to be a Winner: Ace Hardware & Manco Win Best in VICS Award With more than 50 live trading partners worldwide, JDA leads the industry in deploying fully operational CPFR relationships. One of these collaborative relationships, Ace Hardware and Manco Inc., was honored in June 2001 by the prestigious “BEST IN VICS Collaborative Planning Forecasting and Replenishment Implementation” award. The Ace/Manco program won top prize for advancing from a VMI relationship to a complete nine-step CPFR process using E3 solutions. Both sides have realized outstanding bottom line results: • Manco’s distribution costs decreased by 28% and freight costs by 18% • Ace Hardware increased sales by 9% in a mature category Our other manufacturing, distribution and retail clients have also reported tangible ROI benefits including: • Increased consumer sales 8-30% • Reduced inventories by over 30% • Reduced logistics and operational costs by 10-28% • Reduced returns by over 20% • Increased forecast accuracy by over 10% Just What is CPFR? With such convincing benefits, it’s no wonder that CPFR is the hot initiative for 2002. Here’s a simplified look at the concepts behind the nine steps of CPFR established by the Voluntary Interindustry Commerce Standards (VICS) committee: 1. Collaborative Planning: Once partners agree to collaborate, they create a detailed joint business plan that establishes the relationship’s framework and processes as well as outlines their compatible goals. 2. Collaborative Forecasting: The partners exchange knowledge to create a single, shared demand forecast. Partners consider different variables that may affect demand for a cluster of stores such as lag time from order to fulfillment and the process for generating orders back to manufacturers. Once they agree on raw demand, they jointly commit to the forecast. 3. Collaborative Replenishment: The collaborative forecast should automatically translate into order execution. Here’s when the retailer commits to ordering and the manufacturer commits to delivery. CPFR extends the time horizon of when orders are visible between trading partners. Both sides synchronize connecting the order to the procurement system to purchase the product. Lastly, the order is generated. 4 For more information, call your JDA contact, email info@jda.com or visit www.jda.com. CPFR To efficiently handle the volume of information exchanged in a CPFR initiative, trading partners streamline their work through automated exception processing. Trading partners can concentrate their review only on items that fall outside of pre-determined tolerances. JDA Delivers A Total CPFR Solution JDA’s CPFR offering starts with Marketplace.com™, an Internet portal that provides secure access to our E3 collaborative solutions. Marketplace enables trading partners to reduce unnecessary buffer stock and lost sales while optimizing production planning and product deployment. Marketplace Replenish™ enables buyers and suppliers to collaboratively improve their businesses by jointly managing the demand forecasting and replenishment of retail stores and/or wholesale distribution centers. Collaborative scorecard functionality can be added to ensure that trading partners are meeting and tracking their preestablished goals. At the heart of Marketplace Replenish is either of JDA’s inventory optimization solutions: E3TRIM™ and/or E3SLIM™. E3TRIM supports wholesalers, retailers and manufacturers who hold finished goods in a distribution center (DC) or flowgoods through a DC. Using detailed demand and lead-time forecasts, E3TRIM’s replenishment logic develops ordering policies aimed at maximizing profits. New! Extended Demand Chain Visibility Announcing JDA’s new CPFR offering: the Electronic Dynamic Agreement (eDA). eDA electronically converts collaborative sales forecasts into order forecasts up to one year as opposed to the traditional single period. There is no other product like eDA on the market today! Based on scientific algorithms, this revolutionary software translates demand projections into vendor order projections; empowering CPFR partners with greater knowledge and long-term visibility into the order creation process. Plus eDA better supports the identification and resolution of exceptions to further smooth the impact of demand shifts. With visibility now extended by weeks and even months, partners can leapfrog their competition by significantly reducing safety stock, logistics costs and lead-times required for order fulfillment as well as improving inventory productivity and service levels. E3SLIM meets unique store-level requirements for replenishment and inventory functions, enabling companies to efficiently manage over 100 million SKU/stores. For more information, call your JDA contact, email info@jda.com or visit www.jda.com. 5 Services Consulting Services Leading to Profitable Collaboration You’ve read the benefits other companies have achieved by effectively collaborating with their trading partners. And you know what your company could gain with collaborative processes in place. But where do you even begin? Turn to JDA’s Consulting Services Group (CSG). Our consultants have the industry and system expertise to provide a full range of services intended to help streamline and strengthen processes to optimize efficiencies throughout your demand chain. Whether you’re a retailer, wholesaler, distributor or manufacturer, our collaborative solutions will enable you and your trading partners to synchronize your businesses and take resources out of your supply chain, while increasing sales and profits. Streamline Processes to Support Collaboration Our knowledgeable consultants will review and analyze your existing business processes, and that of your key trading partners, to determine what processes are currently in place to support collaboration. By employing our vast retail supply chain expertise combined with our best practice database, we’ll recommend and implement procedural and technological enhancements within your specific environment to improve overall workflow between you and your partners. With profitable practices in place, our consultants will help improve ROI at both ends of your demand chain, providing you and your trading partners a win/win solution. Identify Relationships that Achieve Bottom Line Benefits Not all partnerships provide the same level of benefits. Let our consultants help you identify your optimal business relationships in order to maximize sales and streamline demand chain processes. Once it’s determined how your company manages its collaborative initiatives, we’ll review 6 your trading partners’ corresponding competencies. By applying a proven methodical approach, our consultants will identify which partners best fit your specific ROI model. In other words, we’ll determine which partners most complement your business so that you can optimize inventory levels and expand business opportunities. We’ll even help identify key performance areas that require improvement throughout your demand chain, as well as recommend solutions, enabling you and your trading partners to maximize ROI. Why JDA Consulting Services? Unlike any other global consulting organization, our consultants have researched best practices of over 4,000 retail supply chain companies worldwide. We’re applying our research findings to developing proven, best practice business process maps, as described by Kevin Stadler in our cover story. Taking the guesswork out of employing effective processes, these customizable maps will provide you and your trading part- ners with specific guidelines as to what tasks must be completed, and at what point communications must be exchanged, in order to facilitate successful collaboration in your specific environment. Learn How You Can Achieve Fast, Quantifiable Results With our consultants leading your collaborative efforts, you could see quantifiable results in as little as three to six months, with your entire solution paying for itself in as little as 35 days! To find out how our consultants can help you streamline your workflow processes throughout your demand chain, attend JDA FOCUS 2002. We’ve dedicated a track of approximately 13 sessions to collaboration and how it can help optimize your demand chain efficiencies. For more information, call your JDA contact, email info@jda.com or visit www.jda.com. Analytic Vendor Managed Inventory: Cutting Inventory, Boosting Customer Service with Arthur To help our customers more accurately respond to consumer demand, JDA offers comprehensive solutions that support myriad initiatives, including Vendor Managed Inventory (VMI). A forerunner to today’s Internet-enabled collaboration, VMI has the supplier deciding how and when to replenish its retail customers’ inventory. VMI enables suppliers to leverage their deep product and market knowledge to more efficiently forecast and replenish on the customer’s behalf. This helps remove excess inventory from the pipeline and synchronize consumer demand with production — while improving forecasting accuracy and accelerating turns. Long time JDA client, VF Corporation, the world’s number one maker of jeans including Wrangler and Lee, is successfully employing a VMI initiative using Arthur Planning™ as part of its innovative solution. To maximize the power of VMI, VF Corp. combines Arthur Planning with internal solutions to create a dynamic inventory model, or Retail Floor Space Management program, that generates maximum income for the store space allocated. Sales planning, the program’s initial step, utilizes Arthur Planning to create shared sales-inventory plans that mirror their retail customers’ businesses, rather than VF Corp.’s internal perceptions of the categories they oversee. Retail partners such as J.C. Penney are maximizing their return on square footage by ensuring their customers find the correct sizes and colors in the styles they want every time they walk through the door. In fact, J.C. Penney reported significant bottom-line improvements including “double digit” sales increases, a 14% reduction in inventory and a 2% increase in gross margins. Collaborating for Optimized Product Assortments With Efficient Item Assortment contributing an estimated $4.1 billion in annual savings to the U.S. grocery industry alone, it is critical that retailers and manufacturers collaboratively and efficiently manage assortments at the shelf. In an effort to streamline the labor-intensive process that enables retailers and manufacturers to create the most optimal product mix within a category management environment, JDA has developed pro/sortment EIA™. Part of the Intactix™ suite of space management solutions, pro/sortment EIA automates The Food Marketing Institute’s best practice, six-step EIA process by taking into consideration consumer needs and behaviors, category roles and strategies, marketplace and supply side conditions, as well as financial considerations when executing category plans. As a result, retailers and manufacturers can collaborate to produce top-line master assortments that balance variety while eliminating out of stocks for increased sales and profitability. Anheuser-Busch Wins Technology Leadership Award Consumer Goods Technology magazine recently awarded Anheuser-Busch the Technology Leadership Award 2001 for actively collaborating with JDA on the development of pro/sortment EIA, which automates the best practice Efficient Item Assortment process. The leading consumer goods magazine presents the award annually to a CPG company that demonstrates true innovation in its use of information technology. Commented Steve Zielonko, A-B’s senior manager of retail planning and category management, “pro/sortment EIA has been a huge success with our retail partners. We’ve been very pleased with JDA’s willingness to take input from us and our retail partners, and ultimately create such a powerful assortment planning tool.” A-B is reaping compelling results with pro/sortment including significantly reducing the time and effort it takes to create storelevel product assortments from eight hours of meticulous spreadsheet work to an automated 45second process. And by incorporating a retailer’s goals throughout the process, A-B is providing objective analysis and high quality assortments that are driving retail sales while improving the overall shopper satisfaction of the entire beer category. 7 For more information, call your JDA contact, email info@jda.com or visit www.jda.com. 7 PRESORTED STANDARD U.S. POSTAGE PAID J DA S O F TWA R E G R O U P. SCOTTSDALE, AZ I N C . PERMIT NO. 195 14400 NORTH 87TH STREET SCOTTSDALE, AZ 85260-3649 Global Solution Line Phone Numbers NORTH AMERICA U.S./Canada +1 (888) 441.1532 EUROPE Belgium Denmark France Germany Ireland Italy Netherlands United Kingdom South Africa 0800.16.435 8088.2354 0800.91.4120 0800.183.3900 1800.55.4888 800.87.3197 0800.024.9499 0800.056.9546 0800.997.925 ASIA PACIFIC Australia China Hong Kong Japan New Zealand Philippines (PLDT) Singapore Taiwan LATIN AMERICA Brazil Chile Colombia Mexico Venezuela 1800.126.328 10800.1300081 800.90.8516 0066.33.821022 0800.44.0205 1.800.1.116.0398 800.1300.982 0080.14.8121 817.508.8912 800.20.1662 980.9.13.6386 001.800.578.1204 800.1.4485 JDA ARTHUR North America +1 (734) 887.4590 Europe +44 (0) 8707.300.777 JDA INTACTIX North America Latin America Europe Asia Pacific E3 Global +1 (800) 246.9029 +56 (2) 938.8248 +44 (0) 8707.300777 +61 (0) 3.9860.1060 +1 (770) 424.5464 JDA Global Events Calendar 2002 SHOW LOCATION JDA Canadian Retail Eye Opener* JDA's Winning the Retail Information Technology Race* Toronto, Canada Dubai, United Arab Emirates EuroShop, JDA Stand 6/G72 IBF: Supply Chain Forecasting Conference Düsseldorf, Germany Phoenix, AZ Robertson Stephens Technology Conference San Francisco, CA DATE 14 Feb. 17 Feb. 23 - 27 Feb. 25 - 26 Feb. 25 - 28 Feb. JDA Serie Révelation du Commerce de Détail 2002* Montréal, Quebec 28 Feb. Global Retail Technology Forum 4th International DIY BHB Congress Paris, France Frankfurt, Germany 9 - 11 Apr. 16 - 17 Apr. NACStech ECR Europe Conference and Market Place Dallas, TX Barcelona, Spain 22 - 24 Apr. 22 - 24 Apr. Retail Systems Forum JDA FOCUS 2002, 12th Annual Conference & Partner Showcase* UK Las Vegas, NV Supermarket Industry Show Chicago, IL 5 - 7 May R.W. Baird “Growth Stock Conference” Chicago, IL 8 - 10 May 23 - 24 Apr. 28 Apr. - 1 May Finance Directors Forum Retail Solutions Birmingham, UK Birmingham, UK 19 - 21 May 21 - 23 May Retail Council of Canada IOLT Exhibition Toronto, Canada Birmingham, UK 3 - 4 Jun. 25 - 26 Jun. Retail Systems Chicago, IL 25 - 27 Jun. * For more information on JDA-hosted events, call +1 (734) 887-4506 or email info@jda.com. Copyright © 2002, JDA Software Group, Inc. All rights reserved. JDA, Intactix and E3 are Registered Trademarks of JDA Software Group, Inc. Arthur Planning, Arthur, Marketplace.com, Marketplace Replenish, E3SLIM, E3TRIM, JDA FOCUS, JDA Portfolio, JDA Portfolio Collaboration Framework and pro/sortment are Trademarks of JDA Software Group, Inc. All other company and product names may be Trademarks, Registered. Trademarks or service marks of the companies with which they are associated. JDA reserves the right at any time and without notice to change these materials or any of the functions, features or specifications of any of the software described herein. JDA shall have no warranty obligation with respect to these materials or the software described herein, except as approved in JDA's Software License Agreement with an authorized licensee.